One Startup Powers Blockchain Data for Wall Street — It Just Raised $40M

Wall Street’s appetite for blockchain data just got a major new fuel injection. Allium, a New York-based enterprise data platform serving some of the biggest names in traditional finance, has raised $40 million to deepen its institutional blockchain data infrastructure — a move that signals just how seriously the financial establishment is now treating on-chain analytics.

Key takeaways

• Allium raised $40 million to expand its blockchain data services for institutional clients, following a $16.5 million Series A led by Theory Ventures.
• Visa, Stripe, and Fidelity are among Allium’s clients, using its data for blockchain experiments in payments, cross-border settlement, and digital asset custody.
• The platform covers more than 150 blockchains with production-grade APIs, indexing, and analytics, and holds SOC 1 and SOC 2 certifications.
• Allium’s data was cited in Citi’s 2025 report projecting stablecoin transactions approaching $1 trillion per month.
• Founded in 2021, Allium has grown from seed stage to institutional credibility in roughly four years, backed by Kleiner Perkins and Amplify Partners.

Allium’s $40 Million Funding Boost

The $40 million raise is a sharp acceleration from where Allium stood just over a year ago. The company had closed a $16.5 million Series A round led by Theory Ventures, which at the time brought its total funding to $21.5 million. That was already a solid foundation. Now, with this latest round, the company is operating at a completely different scale — and with a clear mandate to go deeper into the infrastructure that traditional financial institutions need to operate in the on-chain world.

Early backing came from Kleiner Perkins and Amplify Partners, both venture firms with strong roots in enterprise software and fintech. That lineage matters: it signals Allium was never purely a crypto-native play, but was always aimed at a more disciplined, compliance-first institutional market.

Institutional Clientele and Real-World Blockchain Applications

The company’s client list tells much of the story. Visa, Stripe, and Fidelity are all using Allium’s blockchain data, and each is doing so for distinct but equally meaningful reasons.

Visa is running experiments using blockchain rails for cross-border settlement. Stripe has re-entered the crypto payments space and needs reliable on-chain data to do it properly. Fidelity, meanwhile, has been building out its digital asset custody and trading operations — work that demands the kind of structured, institutional-grade data that Allium specializes in providing.

Beyond those three, the Uniswap Foundation also appears on Allium’s client roster — a detail that underscores the platform’s unusual position bridging both traditional finance and crypto-native organizations simultaneously.

What makes this client list strategically significant isn’t just the names. It’s that all three major institutions are at inflection points in their blockchain strategies, and they all need the same thing: clean, queryable, compliant on-chain data at scale. Allium is becoming the common thread running through Wall Street’s blockchain infrastructure experiments.

Allium’s Blockchain Data Capabilities and Compliance

Data infrastructure across 150+ blockchains

Allium provides production-grade indexing, APIs, and analytics across more than 150 blockchains. The platform takes raw on-chain activity — the messy, high-volume stream of transactions, wallet interactions, and protocol data — and transforms it into structured, queryable datasets that institutions can actually build on top of.

The product suite includes millions of labeled addresses and more than 100 on-chain data schemas. That covers a wide range from real-time decentralized exchange trades to fraud detection pattern analysis — the kind of depth that compliance and operations teams inside major financial institutions genuinely need.

SOC 1 and SOC 2 certifications as institutional gatekeepers

Institutional sales cycles in finance are notoriously demanding. SOC 1 and SOC 2 certifications — rigorous third-party security audits — are effectively the entry ticket to even begin conversations with banks, asset managers, and large payment networks. Allium holds both, which removes a significant barrier that stops many crypto-native data companies from ever getting in the door with enterprise clients.

That compliance posture is not just a technical checkbox. It reflects a deliberate product and business strategy: build for the institutional buyer first, not for the crypto-native researcher. That choice has defined Allium’s trajectory since its founding in 2021.

Market Recognition and the Competitive Landscape

Citi’s stablecoin forecast and Allium’s data role

One of the most telling endorsements of Allium’s relevance came from an unexpected direction. The company’s data was featured in Citi’s 2025 report, which projected stablecoin transactions approaching $1 trillion per month. Being cited as a data source in a major bank’s flagship industry report is the kind of credibility that money cannot simply buy — it has to be earned through the quality and reliability of the underlying product.

That projection also puts Allium’s growth in a wider market context. If stablecoin transaction volumes are genuinely heading toward that scale, the demand for institutional-grade blockchain data infrastructure will grow proportionally. Allium is positioning itself early in what could become a very large market.

Where Allium sits among competitors

The blockchain data space is not empty. Chainalysis, Nansen, and Dune Analytics all operate in adjacent niches, but with meaningfully different focuses. Chainalysis has built its brand around compliance and law enforcement use cases. Nansen is primarily a tool for traders, built around wallet labeling and tracking so-called smart money. Dune Analytics runs a community-driven model popular with researchers and crypto-native teams.

Allium is chasing something different: the enterprise institutional buyer who needs production-grade reliability, compliance certifications, and broad multi-chain coverage. That is a specific gap in the market, and the $40 million raise suggests investors believe it is a large enough gap to justify an aggressive push.

Founded in 2021, Allium has moved from seed stage to an institutional client roster that includes trillion-dollar companies in roughly four years. The pace is fast, but the architecture — compliance-first, multi-chain, enterprise-grade — was designed for exactly this moment, as traditional finance shifts from watching blockchain technology to actively building on top of it.

FAQ

What recent funding has Allium secured to support its blockchain data services?

Allium raised $40 million to expand its on-chain analytics and institutional blockchain data infrastructure. This follows a $16.5 million Series A round led by Theory Ventures, bringing the company’s total disclosed funding well above $56 million.

Which major financial institutions are clients of Allium?

Visa, Stripe, and Fidelity are among Allium’s confirmed clients. Each uses its blockchain data for different purposes — Visa for cross-border settlement experiments, Stripe for crypto payments, and Fidelity for digital asset custody and trading operations.

What blockchain data capabilities does Allium offer to institutional clients?

Allium provides production-grade indexing, APIs, and analytics spanning more than 150 blockchains. Its platform delivers structured on-chain datasets, millions of labeled addresses, and over 100 data schemas, all backed by SOC 1 and SOC 2 security certifications required by institutional buyers.

How has Allium’s data contributed to industry market forecasts?

Allium’s data was cited in Citi’s 2025 report, which projected stablecoin transactions approaching $1 trillion per month — a figure that reinforces the scale of on-chain activity that institutional-grade data infrastructure will need to support going forward.

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.